Team “Tapp Interactive” is the winner of the second Fintech Hackathon
Team “Tapp Interactive” is the winner of this year’s, second in a row, Fintech Hackathon, and their design of a mobile app that allows users to take out an instant cash loan using social networks data, won them the prize of 2,500 euros.
The four-member, winning team consists of young developers who have found the easiest solution that enables clients to take out cash in an instant through the system based on an algorithm that checks the creditworthiness and advances money with a set limit.
“I think our solution is very innovative and applicable at any time”, explains Vukašin Vučenovič, a member of the winning team.
The second place went to the team “Cabrio chain” along with 1,500 euros of prize money, while the third place went to the team “Hidra 2.0” along with the prize of 1,000 euros.
Fintech Hackathon, the biggest competition in a design of mobile and web applications for digital banking, titled “Data Challenge” was organized again this year by Societe Generale Bank and the Center for Technology Entrepreneurship (ICT Hub) in partnership with a local software company “30Hills”.
“A big part of these solutions is practically applicable and the primary idea of the hackathon is to provide support to creative teams to continue to develop innovative ideas. We also offer the possibility of collaboration with some of them in the future, which wouldn’t be the first time because Societe Generale already collaborates with startups such as ‘30Hils’, ‘Clever’, ‘Cube’ ”, explains Vuk Kosovac, executive manager of marketing in Societe Generale Bank.
This year’s “Data Challenge” hackathon had around 40 competitors divided into 10 teams, who worked for 48 hours around the clock on a development of software solutions.
The criteria by which the jury evaluated competitors were: idea and innovation, application and business potential, functionality, design and team work.
All solutions remain in possession of the competitors, and in addition to prize money, they get the opportunity to receive support in the further development and commercial application.
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